7 months on rocket

7205 Thomas Dr Unit C605, Panama City Beach, FL, 32408

$519,000

Home List Price

$6,163*

Closing Credit

2 Bedrooms
2 Full Baths
1,050 SqFt
$494/SqFt
Condo

Location

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7205 Thomas Dr Unit C605, Panama City$519,000

Buyer Closing Credits

$6,163*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAdditional Parking, Deeded, Parking Lot
Garage1 space
Year Built1981
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
WaterfrontGulf
ViewGulf
MLS #756815
StatusActive

About 7205 Thomas Dr Unit C605

Gorgeous and renovated Dunes of Panama C605 with a deeded parking space! Milestone Report AND Repairs are completed, Assessments have been PAID! Turnkey rental ready! Don't miss your opportunity to own this luxurious top floor condo overlooking the palm trees, pools and beach! Comes with 1 Deeded parking garage spot, right next to the entrance for easy loading and unloading.BEAUTIFULLY remodeled and decorated, C605 is a top floor, low density condominium. Gorgeous wood grain tile throughout the main areas, carpeted bedrooms, custom wood ceilings, under the kitchen cabinet lighting, some recessed lighting, granite countertops and elegantly furnished. This condo is rental ready and steps away from the sugary white sand of the Gulf of Mexico. Maximize your investment with excellent rental history or it would make a great second home. Own your own piece of paradise today!The Dunes of Panama Resort has 1500 linear feet of sugar white sand, 3 gulf front pools (one heated), tennis courts, basketball, free WI-FI, fitness room, volleyball, shuffleboard, outdoor BBQ grills, Stingray's restaurant and gift shop and the Sneaky Tiki poolside.

Property Details

Property Features

Property Information:

  • Architectural Style: Mid Rise
  • Year Built: 1981
  • Living Area: 1,050 SqFt

Listing Office:

  • Office Name: Bright Realty Solutions

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Interior: Breakfast Bar, Pantry, Recessed Lighting

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Gulf
  • View: Gulf
  • Exterior: Balcony

Parking Information:

  • Garage Space: 1 space
  • Parking: Additional Parking, Deeded, Parking Lot

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric

Other

Directions Information:

  • Directions: From the corner of Joan Avenue and Thomas Drive, go East (Left) on Thomas Drive for approximately one mile. Turn right into Dunes of Panama after you pass Rick Seltzer Public Park. Check in with Security at the entrance. Follow road to the left and 'C' building is directly in front of you and park anywhere in the parking lot.

Price Information

Listing Price Info

Price Summary:

  • List Price: $519,000
  • Price Per SqFt: $494/SqFt

HOA Fees:

  • Amount: $871
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $3,075
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Panama City, FL.

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Panama City, FL

City

Med. Sold Price

$339.2K

Med. Price/SqFt

$201

Avg. Days On Market

79

# of Sold Homes

166

7205 Thomas Dr Unit C605 vs Panama City

228 DAYS ON ROCKET

+149 Days

$519,000

+$179.7K More

$494/SqFt

+$293 More

KEY TAKEAWAY

This property is $179.7K more than the Median Sold Price and $293/SqFt more than other homes in Panama City, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BCAR
  • MLS Number: #756815

Listing Office:

  • Office Name: Bright Realty Solutions

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/23/2024, 5:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$3,075$263,500
2018$2,448$192,402
2017$2,465$192,402

History based on county public records data.

Payment Calculator

$3,529

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,622

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1144956
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 1.10 miles

  • Public District Grades KG-5

school-card-donut-1144957
3
/10

  • Lucille Moore Elementary School

  • 1900 Michigan Ave

  • 4.46 miles

  • Public District Grades PK-5

school-card-donut-1144958
5
/10

  • Hutchison Beach Elementary School

  • 12900 Hutchison Blvd

  • 4.67 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,268. Typical income of Panama City, FL residents is between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7205 Thomas Dr Unit C605

What is the listing price of this property?

The listing price of 7205 Thomas Dr Unit C605 property is $519,000.

What type of property is this?

The property 7205 Thomas Dr Unit C605 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 7205 Thomas Dr Unit C605 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,075 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 7205 Thomas Dr Unit C605 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 7205 Thomas Dr Unit C605 is 1,050 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7205 Thomas Dr Unit C605 is 1981.

Rocket Homes›Florida›Bay County›Panama City›32408›7205 Thomas Dr Unit C605

This home is located at 7205 Thomas Dr Unit C605 in Panama City Beach, FL and zip code 32408. This 1,050 square foot home was built in 1981. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 08, 2024 and is currently priced at $519,000.

In November 2024 more than 13 listings in Panama City, FL were sold above the asking price. During the same period more than 33 listings were sold at asking price, while more than 120 were sold below. Between October 2024 and November 2024, Panama City, FL real estate market has seen decrease in the number of listings by 3.9%. In November 2024 median list price was $339,223 and the average listing age was 79 days.

From Rocket Homes Real Estate and based on county public records data.

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